Hostname: page-component-78c5997874-g7gxr Total loading time: 0 Render date: 2024-11-01T21:23:18.655Z Has data issue: false hasContentIssue false

The education and examination of actuaries

Published online by Cambridge University Press:  20 April 2012

Extract

Every profession should be concerned with the problem of matching training and working practice. The problem is especially a vital one for the small but powerful actuarial profession seeking to adapt to significant changes.

This note gives a brief summary of my Ph.D. thesis, which was based on questionnaires concerning the training of actuaries, and also in § 7 makes reference to a more recent investigation.

A survey was designed and questionnaires despatched in 1973, in an attempt to discover the existing relationship between actuarial training and occupational practice, whether there was any shortcoming in this relationship and if so what might be needed to correct it. The response rate from the 236 actuaries who qualified for the Fellowship of the Institute of Actuaries in the four sets of examinations spanning the two calendar years 1972 and 1973 and who formed the test population was 81% (192 replies).

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1979

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

(1) Goddard, P.R. (1977) The Education and Examination of Actuaries. (The City University.)Google Scholar
(2) Solomons, D. with Berridge, T. M. (1974) Prospectus for a Profession. (The Advisory Board of Accountancy Education.)Google Scholar
(3) Menzler, F. A. A. (1951) Presidential address. J.I.A. 77, 1.Google Scholar
(4) Bunford, J. F. (1955) Presidential address. J.I.A. 81, 1.Google Scholar
(5) Bromfield, A. E. (1968) Presidential address. T.F.A. 31, 1.Google Scholar
(6) Holloway, B. J. and Scott, N. T. (1968) Graduates in Insurance and the Actuarial Profession. (A university report.)Google Scholar
(7) Anon (1970) The Alternate Route. Transactions of the Society of Actuaries, 22, D, 477.Google Scholar
(8) Lever Report (1946). (Institute of Actuaries Education Committee.)Google Scholar
(9) Usher Wood Report (1958). (Institute of Actuaries Education Committee.)Google Scholar
(10) Skerman Report (1967). Report of Committee to Review Tuition and Examinations. (Institute of Actuaries.)Google Scholar
(11) Cornwall Report (1975). First Report of Committee to Review the Education and Training of Actuaries. (Institute of Actuaries.)Google Scholar
(12) Cornwall Report (1976). Second Report of Committee to Review the Education and Training of Actuaries. (Institute of Actuaries.)Google Scholar
(13) Profile of the Actuary. (Don Howard Personnel Inc., 1971.)Google Scholar
(14) Report of Casualty Actuarial Society. 1971. (Temple University, Philadelphia, Pennsylvania.)Google Scholar